Personally, I'd rather hear RE advice from guys on this site, like Ryan Webber, all cash, juzamjedi and others, or maybe a business history of the Trammell Crow business, and the HomeVestors business.

I have NO experience in re but, I do have the drive and determination, as I do horse rescue and need something to fund it hahaha.

Hello,My interest in RE investing has changed to a more long term focus, so I'd like to know more about the strategy for buy and hold.

You need to check and re-check all your numbers and all your information.

I've talked to several seasoned, long-term RE investors here in Hawaii and this is what I've been told are the total operating costs -5% vacancy5% repairs/maintenance8% managementutilitieslease fees (if applicable)maintenance fees (if applicable)property taxexcise taxhurricane/hazard/fire/liability insuranceSince I am taking care of the management, I can eliminate the 8% mgmt fee.

Then as was suggested, you have monthly property management fees (generally at least 10% of the rent, and repair and maintenance, landscaping/yard work, vacancies, re-renting fees, etc that have to be figured in.

The current owner is a church that was planning on getting the property re-zoned so they could put a church there.

Hey all. We've been toying around with some new ideas for the front page of BiggerPockets and we wanted your feedback.

Take a look at:
http://www.biggerpockets.com/index-new3.html

and let us know what you think!

P...

How's the RE market there otherwise?

For that I had to load up my mower in my Subaru, drive it over, mow, wash it mower before re-loading it, and then driving it home.